The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
287 jobs Number of planned job creations
Announcement Date
2 February 2014
Employment effect (start)
Foreseen end date
Description
Engineering organisation BAE Systems is to recruit 287 additional staff in 2014. Recruitment will be aimed at graduates, mainly to reinforce the company’s cyber and security operations (120 posts).
In 2013, the ERM reported on the company’s plan to cut 1,775 jobs by the end of 2016.
Sources
2 February 2014: The Telegraph
Citation
Eurofound (2014), BAE Systems, Business expansion in United Kingdom, factsheet number 76569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76569.